4 ms·
There is a strong consensus among economic historians that slavery didn't move the needle that much. Cotton production was perhaps 5% of GDP. The slave stock co
by cltby 6y ago
There is a strong consensus among economic historians that slavery didn't move the needle that much. Cotton production was perhaps 5% of GDP. The slave stock constituted perhaps 15% of national wealth.
https://sci-hub.tw/10.1016/j.eeh.2017.12.002 https://sci-hub.tw/10.1016/j.eeh.2017.12.002
- michaelmrose 6y agoSlavery wasn't an evenly distributed affair.